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Project NAVODAYA
Area: Project Systems
Project Budgeting
PROJECT SYSTEMS
Project Budgeting
Revision History
Project Budgeting
Purpose
Prerequisites
Menu Path
Transaction Code
CJ30
Hints
Press F1 for Help
Press F4 for getting input values
R – Required
O- Optional
C- Conditional
Procedure
Option (ii)
Note : Planned cost will act as a reference for Budgeting. Cost Planning done in
Version 1. Get the planned cost from Version 1.
Go to Menu Settings Planned Total Version
Select Version 1
Press enter.
System will display the Planned Cost under Planned Total Version 1 Column.
Copy View Screen appears, Enter the Percentage amount that need to be copy, say
100%
Go to Edit Total up
Press enter; system will roll up the Budget from lower WBS to Top WBS (Bottom up).
Note: For Project except Capex Project, budget assignment can be overall or annual.
Annual budgeting is only for reporting purpose. Budget check will happen on Overall
budget.
For capex project budget assignment is Annual & budget check also Annual.
Purpose
Prerequisites
Menu Path
Transaction Code
CJ31
OK button or Enter
Press Enter
Menu Path
Use the menu path(s) to begin the transaction:
Click on Yes
Screen for long text entry will appear, enter long text.
After you allocate budget to a WBS element for the first time, the system status
budgeted is set against the WBS. The system status remains if you remove the budget
from the WBS element.
If the system status is budgeted, the following activities are prohibited:
Deletion of WBS elements
Reassignment of WBS elements and all subordinate objects
Open the Project in Project Builder.
Budget Release
Purpose
In many businesses, distributing a budget is not the same as releasing the budget. For
this reason, the Project System includes a separate budget release facility.
Trigger
Prerequisites
Menu Path
Transaction Code
CJ32
Press enter
Current budget is the budget assigned to the Project. As per the requirement 100% or
Partial budget can be released.
Release Partial budget : Select the WBS & Go to Edit Copy View
80% of amount from Current Budget Column will get copy under release column
Note : Budget release amount should be less than or equal to the current budget.
Purpose
Prerequisites
Menu Path
Press enter
After you release budget to a WBS element for the first time, the system status AVAC
(Availability Control Active) is set against the WBS & User Status BUDG is Set
Budget Document
Press enter.
Press enter.
Press execute .
System pops up below screen with message.
Since for this project status is correctly assigned against wbs, no status changes were
carried out.
System will also display the WBS for which no budget assignment is done.
After executing in test mode, execute the transaction without test mode for resetting the
BUDG status.
Budget Updates
Purpose
Use this procedure to budget updates i.e. budget supplement, budget return or budget
transfer from one WBS element to the other WBS element.
Trigger
Perform this procedure when the budget requirement during project execution.
Prerequisites
Menu Path
Transaction Code
Hints
Procedure
1. Budget Supplement
clicking .
Now check the consistency of the values by clicking the button which should give
no errors message .
Save the values by clicking the save button .The system posts the document.
clicking .
Screen will pop up.
Press enter.
Enter the WBS & amount to be supplemented against WBS, Say against WBS M-0021-
C-COV-ELE-1 amount supplemented is 10000.
Now check the consistency of the values by clicking the button which should give
no errors message .
Save the values by clicking the save button .The system posts the document.
2. Budget Return
Excess budget can be returned.
a. Return in project
Returns in the project are made from the bottom-up from a lower-level WBS
element to the next one up. You can only return budget that is distributable or
available.
Transaction – CJ38
Enter the amount to be return from the WBS element. The below screen appears.
When amount 10,000 is returned from WBS M-0021-C-COV-ELE-1 to its top WBS M-
0021-C-COV-ELE, the distributable value as 99,990,000.00 changed to
100,000,000.00.
This process helps to return the budget from lower WBS to its Superior WBS.
Consistency of the values can be checked by clicking the button . And save the
values by clicking the save button .
A document is posted.
Note : The above process can be used with total up function. If budget amount is
entered & total up is done, the amount will accordingly get reduced till top WBS.
With a return from a project, you are giving up budget which is still available or
distributable in a WBS element.
Transaction – CJ35
Press enter
Enter Sender WBS, Amount
Consistency of the values can be checked by clicking the button . And save the
values by clicking the save button .
A document is posted
It is possible that the budget becomes tight for one WBS while the budget for another
WBS is still adequate within the project or budget becomes tight for one project while
the budget for another project is still adequate
This process is used to transfer the budget from One WBS to another within same
project or from One WBS to another of different project.
Transaction - CJ34.
Select the Overall Values too, Enter sender year & receiver year.
click the button or ENTER. This will take you to the next screen.
Entry data
Check the consistency of the budget values by clicking the button . No errors should
be detected .
Save the values by clicking the button and the system posts the document
Note:
a. Budget transfer between same hierarchies is not possible.
Budget updates between objects in the same hierarchy are carried out by
means of a supplement or a return.
b. Since Budget check is at Budget release, whatever budget update done against
WBS accordingly the changed need to be done in Budget release function.
BUDGET REPORTS
Trigger
Reporting
Prerequisites
Menu Path
Execute
BUDGET UPDATES
Execute
Report display totals records for supplements, returns and transfers for projects ,
Purpose
Use this procedure to carry forward commitment values that are still open into the first
period of the next fiscal year.
Prerequisites
Menu Path
Use the menu path(s) to begin the transaction:
T- Code : CJCF
Enter the project PC1-012 for which the commitment has to be carry forward.
Range of project can also be given in this options and execute.
Enter carry forward from fiscal year (i.e. from year 2008 carry forward
commitment to fiscal year 2009)
Processing options :
Test Run & Detail list as shown above.
Press the button Execute.
Purpose
Use this procedure to carry forward budget remainders from projects to the next fiscal
year.
Prerequisites
Menu Path
Hints
Procedure
T- Code : CJCO
Enter the project PC1-012 for which the budget has to be carry forward.
Range of project can also be given in this options and execute.
Enter sender fiscal year (i.e. from year 2008 carry forward budget to fiscal year
2009)
Processing options :
Test Run & Detail list as shown above.
Press the button Execute.